News
PSI Bags Exclusive Partnership with EVOC
Melbourne, Victoria Munich-based bag and backpack manufacturer EVOC has announced a new exclusive distribution agreement in Australia with PSI Cycling. It confirmed its agency with Groupe Sportif will cease on 1st September 2023. EVOC, established in 2008, has been a leader in the evolution of high-quality, sporty backpacks, protection wear, bags and luggage for cyclists,…
VelectriX Parts Ways with Advance Traders
Sunshine Coast, Queensland E-Bike manufacturer VelectriX has terminated its exclusive distribution agreement with Advance Traders. The Sunshine Coast-based business announced it will no longer supply bikes to 99 Bikes, the retail arm of Pedal Group that also owns Advance Traders, and will not have any direct-to-consumer sales. Instead, VelectriX would focus on selling through independent…
Bike Industry Seeks Inclusion in National Tyre Recycling Stewardship
Melbourne, Victoria A national recycling program for tyres from cars, motorcycles and large vehicles will be urged to expand to bike tyres, when Bicycle Industries Australia (BIA) meets with the scheme’s CEO next week. The meeting next Tuesday will look at if and how used bicycle tyres and tubes can be incorporated into the Tyre…
Product Briefs: The Beam, WAU, Ortlieb and Porsche
Paris, France French start-up The Beam has launched an eye-catching new helmet that, at first glance, resembles a full-face downhill helmet but is designed very specifically for urban commuters. The Virgo is a full-face helmet weighing just 650 grams and styled for the urban market, including an LED light at the back. It is specifically…
Global Trade Show News: IAA Mobility and Eurobike
Munich, Germany IAA Mobility has firmed its challenge as the premier micromobility trade show in Germany – and, potentially, the globe – by announcing two significant partnerships for its second instalment this September. The biennial Munich-based show, part of the long-standing IAA Summit automobile show, late last month announced it will again host the World…
We’re Changing The Latz Report Newsletter Frequency
Wollongong, NSW From this month, we’ll be publishing The Latz Report newsletter once per month. Each newsletter will include both our popular How’s Business? column and an Annual Guide. When we launched The Latz Report, we were publishing a monthly newsletter. Then from the start of 2022, we increased the frequency to twice per month.…
Self-Destructive Industry Trends and Skyrocketing Costs Prompts Closure of Sydney MTB Specialist
Sydney, NSW Rising rent and diminishing margins have led to the closure of Sydney’s first specialist mountain bike store, Summit Cycles, according to its founder, Paul Rowney. Paul last week announced in an email to industry contacts that Summit Cycles Sydney will close on 25th August, after nine years at its Hillsdale location, as the…
New Software Platform to Solve Compatibility Headaches
Rotorua, NZ NZ start-up Bike Matrix is preparing to pilot a new software platform aiming to be a go-to reference guide for bike part compatibility. The online system will enable shop mechanics and consumers to input the make and model of a bicycle and instantly see the array of compatible parts – saving them time…
High Quality Return for China Cycle
Shanghai, China A quantum leap forward in the quality of Chinese bicycle products was on display when China Cycle 2023 was held in Shanghai this month – the first time the event has been held since 2019 because of Covid restrictions. TEBCO managing director Tony Morgan reported back to The Latz Report when he returned…
Restored Partnership a Silver Bullitt for Cargo Conversion
Melbourne, Victoria While bicycle companies around the globe are looking down the barrel of a testing economic climate for the next few months at least, one Melbourne business has turned to a Bullitt as a solution. E-Cargo and commuter e-bike specialist Dutch Cargo last week signed as a distributor for Bullitt, a lightweight, front-loading cargo…